South Africa Business Confidence - Forecast

Business Confidence in South Africa is expected to be 30.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in South Africa to stand at 32.00 in 12 months time. In the long-term, the South Africa Business Confidence is projected to trend around 51.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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South Africa Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 38 30 28 30 32 51
Manufacturing PMI 43.4 45 46 47 49 54
Industrial Production 2.9 1 1.2 1.3 1.5 1
Industrial Production Mom 1.6 -0.14 0.2 0.08 0.1 0.5
Capacity Utilization 81.1 80.9 81.6 80.96 80.96 81.5
Changes in Inventories -14172 885 3436 -2301 2867 5691
Bankruptcies 147 155 156 155 156 156
Total Vehicle Sales 47964 45283 46959 46521 46524 46551
Car Registrations 31447 29372 30644 30172 30264 30257
Leading Economic Index 1.1 0.4 0.7 0.3 0.12 1
Internet Speed 6737 8355 8602 8843 9079 11179
IP Addresses 4274668 4272995 4228378 4262815 4243350 4256417
Steel Production 535 534 533 533 533 533
Mining Production -5.2 -1.41 0.6 -1.53 -1.6 1.2
Coincident Index 90.5 92 93.5 94 94.3 94
Competitiveness Index 4.32 4.32 4.32 4.34 4.39 4.37
Competitiveness Rank 61 61 61 60 60 63
Composite Pmi 47.2 49 50.5 50.7 50.9 52
Ease of Doing Business 82 72 71 86 87 69
Electricity Production 22678 22087 21185 21274 21742 21524
Corruption Index 43 44 46 43 43 48
Corruption Rank 71 72 59 72 72 57